Core Viewpoint - Strive, Inc. has announced the upsizing and pricing of its initial public offering of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock at a price of $80 per share, raising approximately $160 million in gross proceeds [1][2]. Offering Details - The offering includes an increase of 750,000 shares from the previously announced amount, with settlement scheduled for November 10, 2025 [1]. - The net proceeds will be used for general corporate purposes, including the acquisition of bitcoin, working capital, and share repurchases [2]. Dividend Structure - The SATA Stock will have a stated amount of $100 per share and will accumulate cumulative dividends at a variable rate, starting with an initial monthly dividend rate of 12.00% [3]. - Dividends will be payable monthly in arrears, beginning December 15, 2025, and can be adjusted by the company under certain conditions [3]. Dividend Reserve - At the closing of the offering, Strive plans to establish a dividend reserve equal to the first 12 months of dividend payments, amounting to $12.00 per share of SATA Stock [4]. Redemption Rights - Strive has the right to redeem the SATA Stock at a cash redemption price of $110 per share after the stock is listed on a major exchange, with certain conditions for redemption [5][6]. - Redemption can occur if the total number of outstanding shares falls below 25% of the original issuance or if specific tax events occur [6]. Liquidation Preference - The initial liquidation preference for the SATA Stock is set at $100 per share, with adjustments based on market conditions [8]. Company Background - Strive is the first publicly traded asset management Bitcoin treasury company, holding approximately 5,957.9 bitcoins as of October 27, 2025, and managing over $2 billion in assets since launching its first ETF in August 2022 [11].

Core Viewpoint - Strive, a Nasdaq-listed asset management company, plans to issue 1.25 million shares of a new series of variable rate perpetual preferred stock with an initial annual dividend of 12% [1] Group 1: Fundraising and Investment Strategy - The funds raised from the issuance will be used for increasing Bitcoin holdings, operational expansion, investments in income-generating assets, working capital, or repurchasing common stock [1] - Currently, the company holds approximately 6,000 BTC, which is expected to increase to about 11,000 BTC if the merger with Semler Scientific is completed in an all-stock transaction [1]

Core Viewpoint - Strive, a Nasdaq-listed asset manager, is launching an initial public offering of a new class of preferred shares to pay dividends, aiming to raise funds for acquiring more bitcoin and expanding operations [1][2]. Group 1: Preferred Stock Offering - The Series A Variable Rate Perpetual Preferred Stock, named SATA, is designed to pay an initial 12% annual dividend, distributed monthly in cash [2]. - Strive plans to offer 1.25 million SATA shares to investors, with proceeds potentially allocated for bitcoin acquisitions, income-generating assets, working capital, or repurchasing common stock [2][4]. - A $12 per share dividend reserve will be established to cover the first year of distributions [5]. Group 2: Current Holdings and Market Position - Strive currently holds just under 6,000 BTC, valued at approximately $637 million, which could increase to around 11,000 BTC if the all-stock merger with Semler Scientific is completed [2]. - The company's common stock has experienced a significant sell-off, trading at a discount to the value of its bitcoin holdings, leading to a market net asset value (mNAV) below 1 [3]. Group 3: Market Context and Strategy - The decision to issue preferred stock is influenced by the actions of other bitcoin treasury firms, which have also begun issuing preferred shares to raise capital for bitcoin purchases [4]. - Strive intends to maintain SATA's trading range between $95 and $105 per share by adjusting dividend rates, with unpaid dividends compounding monthly, potentially reaching up to 20% annually [4]. - The offering occurs amid a broader decline in digital asset treasury stocks, many of which are trading below the value of their underlying holdings, restricting their ability to raise new funds [6].

Core Viewpoint - Strive is issuing its own variable rate preferred stocks to fund various strategic initiatives, including bitcoin purchases and debt repayment [1][2][3] Group 1: Stock Issuance Details - The company plans to sell 1.25 million shares of Variable Rate Series A Perpetual Preferred Stock, known as "SATA," in an initial public offering, subject to market conditions [1] - The preferred shares have a stated value of $100 and an initial annual dividend of 12%, which will be paid monthly starting December 15 [2] - The dividend rate may be adjusted monthly, linked to the one-month SOFR benchmark [2] Group 2: Dividend and Redemption Terms - Unpaid dividends will compound monthly, with a maximum annual rate of 20% [3] - Strive will reserve funds to cover the first year of dividend payments [3] - The company may redeem the shares at $110 each plus accrued dividends once listed on Nasdaq or NYSE [3] Group 3: Company Financials and Market Reaction - As of October 27, Strive holds 5,958 bitcoins and manages over $2 billion in assets through Strive Asset Management LLC [3] - Following the announcement, Strive's stock (ASST) rose by 9% on Monday morning [3]

Core Viewpoint - Strive, Inc. plans to conduct an initial public offering of 1,250,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) to raise capital for various corporate purposes, including acquisitions and working capital [1][2]. Group 1: Offering Details - The offering will consist of 1,250,000 shares of SATA Stock, which will accumulate cumulative dividends at a variable rate, starting with an initial monthly regular dividend rate of 12.00% per annum [1][3]. - Strive intends to establish a dividend reserve equal to the first 12 months of dividend payments, amounting to $12.00 per share of SATA Stock [4]. - The company has the right to redeem the SATA Stock at a cash redemption price of $110 per share after it is listed on a major exchange [5][6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including the acquisition of bitcoin, income-generating assets, share repurchases, and debt repayment [2]. - Strive may also use the proceeds to fund acquisitions that complement its current business [2]. Group 3: Company Background - Strive is the first publicly traded asset management Bitcoin treasury company, holding approximately 5,957.9 bitcoins as of October 27, 2025, and managing over $2 billion in assets since launching its first ETF in August 2022 [11].

Group 1: Penny Stocks Overview - Five penny stocks to watch include Beyond Meat, Strive, VSee Health, Pulmonx, and Datavault AI, identified by MarketBeat's stock screener tool [2] - Penny stocks are defined as shares of very small or microcap companies trading at low per-share prices, traditionally under $1 but commonly under $5 in the U.S. [2] - These stocks often trade on over-the-counter markets, characterized by low liquidity, wide bid-ask spreads, high volatility, and a greater risk of price manipulation and loss [2] Group 2: Company Profiles - Beyond Meat, Inc. develops, manufactures, markets, and sells plant-based meat products across various platforms including beef, pork, and poultry, with distribution through grocery and foodservice channels [3] - Strive (Asset Entities Inc.) provides social media marketing and content delivery services, focusing on platforms like Discord and TikTok, and offers investment education and marketing services [4] - Pulmonx Corporation specializes in minimally invasive devices for chronic obstructive pulmonary diseases, offering products like the Zephyr Endobronchial Valve and Chartis Pulmonary Assessment System [5] - Datavault AI Inc. operates data management and supercomputer platforms, providing data technology and software solutions, previously known as WiSA Technologies, Inc. [6]

Core Insights - Strive has acquired 72 bitcoin (BTC) for approximately $8.26 million, funded through the exercise of traditional warrants from a previous PIPE financing transaction [1][2] - This purchase increases Strive's total bitcoin holdings to about 5,958 BTC, with a cumulative investment of $691.3 million and an average purchase price of $116,032 per bitcoin [2] - The warrants exercised to fund this purchase were part of a larger issuance of 555.3 million under a $750 million PIPE financing [3] Financial Details - The recent bitcoin acquisition was made at an average price of $114,303 per coin [1] - The exercise of approximately 6.11 million traditional warrants at $1.35 per share generated about $8.26 million in gross proceeds [2] - Following the recent surge in share price, Strive's shares experienced a premarket decline of 13.5% after doubling in value over the previous two sessions [3]

Core Viewpoint - Strive has transitioned to focus on becoming a Bitcoin asset management company, significantly increasing its stock value and Bitcoin reserves [1] Company Summary - Strive's stock surged by 35% on Monday and has accumulated a total increase of 92% over three trading days, reaching a price of $1.49 [1] - The company currently holds approximately 10,900 Bitcoins, valued at $1.26 billion, making it one of the largest Bitcoin reserves [1] Industry Summary - The price of Bitcoin has recently rebounded, exceeding $115,000, which benefits companies like Strive that are focused on Bitcoin asset management [1]

Core Insights - Strive Asset Management and Semler Scientific stocks experienced significant premarket gains, with Strive rising approximately 30% to $1.46 and Semler increasing 18% to $28.40, driven by the merger announcement of the two bitcoin treasury companies [1][3] Group 1: Stock Performance - Strive's shares surged about 30% to $1.46, while Semler's stock rose 18% to $28.40 in premarket trading [1] - The rally followed investor Mike Alfred's announcement of acquiring over 1 million shares of Strive [1] - The WallStreetBets community has shown increased interest in Strive, listing it among the top-trending tickers with over 100 mentions [2] Group 2: Merger Details - Strive announced an all-stock acquisition of Semler Scientific, valuing Semler at a 210% premium, or $90.52 per share based on the previous Friday's close [3] - Each Semler share will convert into 21.05 shares of Strive upon the deal's completion [3] Group 3: Market Reaction - Following the merger announcement, both stocks faced a decline, with ASST trading below $0.80 per share at one point, nearly 50% below the bitcoin value on its balance sheet [4] - The combination of low valuation, a rebound in bitcoin prices, and Alfred's tweet contributed to the recent stock price surge [4]

Group 1 - Strive Asset Management's shares surged 40% in overnight trading, following a 27% increase in the previous session, resulting in a year-to-date increase of 124% [1][4] - The stock rally is attributed to high-profile acquisitions and executive appointments, positioning Strive as a leading "Bitcoin treasury company" amid renewed bullish sentiment in the cryptocurrency market [4][5] - The firm announced a $1.34 billion all-stock merger with Semler Scientific, adding 5,816 Bitcoin to its balance sheet, bringing total holdings to nearly 11,000 BTC, valued at approximately $675 million [5][6] Group 2 - Strive also agreed to acquire True North, a Bitcoin media and education platform, with key appointments including Jeff Walton as Chief Risk Officer and Ben Werkman as Chief Investment Officer [6] - The company raised $750 million in May to fund Bitcoin purchases, indicating a strategic shift towards digital assets over traditional investments [6][8] - Strive's stock has shown significant volatility, previously experiencing a 32% sell-off after an SEC filing revealed plans to register 1.28 billion new shares, with analysts noting that the stock's movements can be four to five times more volatile than Bitcoin [7]